Mar 11 2024 44 mins
Today’s conversation highlighted common mistakes people make with Medicare that can really cost you. The importance of understanding the basics of Medicare (before signing up), and the need to strategize for optimal health care coverage were valuable conversations that most people don’t even know they should have. Not knowing how to best navigate this system can cost you all the money you’ve painstakingly saved for old age.
Emily Gang, the “Medicare Coach”, and Michelle Perkins discuss the complexities of navigating Medicare decisions. Emily, a former risk manager at Goldman Sachs, now helps people make informed choices about Medicare.. The speakers shared personal experiences and emphasized the value of proper guidance in making Medicare decisions. The discussion underscored the significance of being well-informed about Medicare options to ensure cost-effective and efficient healthcare coverage. The podcast aimed to provide valuable insights and guidance to listeners facing Medicare decisions, or helping parents and others with those decisions. They emphasized the importance of utilizing resources like webinars and coaching services for informed decision-making.
00:00 - Medicare decisions - expert insights
05:06 - Avoiding costly Medicare mistakes
18:24 - Navigating Medicare for families
25:56 - Understanding original Medicare plans
38:17 - Maximizing Medicare benefits tips
Notes:Emily has guided over 100,000 people across the country through navigating Medicare.
What is one of the biggest mistakes people make when it comes to Medicare?Treating Medicare like an employer health insurance plan is one of the biggest mistakes people make.
Why do some people delay enrolling in Medicare after 65?Some people delay enrolling in Medicare after 65 to avoid paying for both an employer plan and Medicare.
What is the benefit of being on the original Medicare route with a Medicare supplement plan?Being on the original Medicare route with a Medicare supplement plan makes it possible that pre-existing conditions will not preclude you from getting Medicare down the line.
What is the goal of the https://www.themedicarecoach.com/ website?The goal of the Medicare coach website is to help individuals figure out how to use Medicare correctly and get the most out of it. Once signed up, it can be too late.
For much more on ALL things money mindset, money management, how to earn a great living and take control of your finances…Subscribe to my weekly podcast, Money and You:
https://podcasts.apple.com/us/podcast/money-you-with-michelle-perkins/id1365907575?ign-itscg=30200&ign-itsct=podcast_box
And don’t forget to join the Limit Free Life email community for valuable, usable content and to learn about upcoming events: Let’s Connect… https://limitfreelife.com/newsletter/I’m excited to offer you a proven way to develop a next level relationship with money that will empower your mindset and financial mastery by “dating your money.” Until you understand how YOU relate to money and what you believe about money, nothing will change. Once you begin to get to know yourself with money, learn the fundamentals of money management, and operate in a new way with money, everything will open up. Join my signature “Your Money Date™” program and I’ll help you make the shift. https://limitfreelifeworkshops.com/money-date/ The next one begins soon! For more information on Limit Free Life & Michelle Perkins: https://limitfreelife.comLinkedIn: https://www.linkedin.com/in/limitfreelife/Instagram: https://www.instagram.com/livealimitfreelifeYou Tube: https://www.youtube.com/@michelleperkins-limitfreel2446
Emily Gang, the “Medicare Coach”, and Michelle Perkins discuss the complexities of navigating Medicare decisions. Emily, a former risk manager at Goldman Sachs, now helps people make informed choices about Medicare.. The speakers shared personal experiences and emphasized the value of proper guidance in making Medicare decisions. The discussion underscored the significance of being well-informed about Medicare options to ensure cost-effective and efficient healthcare coverage. The podcast aimed to provide valuable insights and guidance to listeners facing Medicare decisions, or helping parents and others with those decisions. They emphasized the importance of utilizing resources like webinars and coaching services for informed decision-making.
00:00 - Medicare decisions - expert insights
05:06 - Avoiding costly Medicare mistakes
18:24 - Navigating Medicare for families
25:56 - Understanding original Medicare plans
38:17 - Maximizing Medicare benefits tips
Notes:Emily has guided over 100,000 people across the country through navigating Medicare.
What is one of the biggest mistakes people make when it comes to Medicare?Treating Medicare like an employer health insurance plan is one of the biggest mistakes people make.
Why do some people delay enrolling in Medicare after 65?Some people delay enrolling in Medicare after 65 to avoid paying for both an employer plan and Medicare.
What is the benefit of being on the original Medicare route with a Medicare supplement plan?Being on the original Medicare route with a Medicare supplement plan makes it possible that pre-existing conditions will not preclude you from getting Medicare down the line.
What is the goal of the https://www.themedicarecoach.com/ website?The goal of the Medicare coach website is to help individuals figure out how to use Medicare correctly and get the most out of it. Once signed up, it can be too late.
For much more on ALL things money mindset, money management, how to earn a great living and take control of your finances…Subscribe to my weekly podcast, Money and You:
https://podcasts.apple.com/us/podcast/money-you-with-michelle-perkins/id1365907575?ign-itscg=30200&ign-itsct=podcast_box
And don’t forget to join the Limit Free Life email community for valuable, usable content and to learn about upcoming events: Let’s Connect… https://limitfreelife.com/newsletter/I’m excited to offer you a proven way to develop a next level relationship with money that will empower your mindset and financial mastery by “dating your money.” Until you understand how YOU relate to money and what you believe about money, nothing will change. Once you begin to get to know yourself with money, learn the fundamentals of money management, and operate in a new way with money, everything will open up. Join my signature “Your Money Date™” program and I’ll help you make the shift. https://limitfreelifeworkshops.com/money-date/ The next one begins soon! For more information on Limit Free Life & Michelle Perkins: https://limitfreelife.comLinkedIn: https://www.linkedin.com/in/limitfreelife/Instagram: https://www.instagram.com/livealimitfreelifeYou Tube: https://www.youtube.com/@michelleperkins-limitfreel2446